Smarter investing

What Hacker News says

1. mcintyre1994May 2021
   One option is that you stop picking and researching stocks yourself and you purchase index funds, which track the whole of the market. The idea here is that active decisions can be really good or really bad, and you either have to research them yourself or pay a higher management fee for someone who will actively manage a portfolio. Tracking the market is cheaper, generally performs well but not extraordinarily well over time, and makes everything much more passive. A really good short book that makes these arguments if you’re interested is Tim Hale’s Smarter Investing.
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2. rayray07Jan 2020
   'Smarter Investing' by Tim Hale
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3. mcintyre1994Sep 2017
   If anyone finds this surprising I'd highly recommend reading 'Smarter Investing' by Tim Hale, which does a great job of advocating for index-based positions. With the exception of C, those fund-of-funds have done incredibly badly.

   One of the interesting things Tim discusses is that this poor performance compared to market tends to make investors second-guess their investments (often for good reason looking at those returns), and buy into the fund that did well last year instead. So you're also getting into a sell-low-buy-high routine.

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